Tesla

Tesla’s new Powerwall 2 is part of Tesla Energy, the company’s new comprehensive approach to green, all-electric power delivery. The updated home energy storage product is similar to the last one, in that it’s a large, rectangular (now with more rectangularity) device designed to live on a wall in your home (likely in the garage or somewhere similar) – but the big… Read More

Tesla’s holding a special event at 5:30 PM PT today at Universal Studios in L.A., and we’re live on location to bring you al the news as it happens. Tesla will be unveiling their solar roofing product for the first time at this event, as well as the second generation of the Powerwall home energy battery, and perhaps more as well.
We’ll be bringing you the action from the… Read More

Elon Musk began Tesla’s earning call regarding its third-quarter results on an up beat: He suggested that Q4 will also be strong for the company, deflating some analyst commentary that the results for this most recent reporting period might’ve been up at the expense of the next one.
“We currently believe Q4 will be profitable excluding non-cash stock-based expenses,”… Read More

When Elon Musk revealed Tesla’s plan to ship all Tesla’s made going forward with all the hardware they need to achieve full autonomy, the company noted that car owners would not be able to use their future self-driving Teslas to drive for Uber or Lyft. Instead, they’d be able to rent out their cars on demand using Tesla’s own Tesla Network for ridesharing. On… Read More

Well that was unexpected — Tesla reported today in its third-quarter that it had earnings of 74 cents per share, compared to Wall Street’s expectations of a loss of 54 cents per share.
In other words: Tesla said it actually made a profit this quarter on a GAAP basis. Tesla shares quickly jumped around 5.5 percent following the company posting a rare profit for the… Read More

Well, damn. Henrik Fisker just took to Twitter and gave a lesson on teasing upcoming products. According to his tweet, the upcoming reborn Fisker EV will have wild butterfly doors — you know, the type of doors kids will put on their hand-me-down Honda Accords. He says in the tweet the crazy doors are for easier ingress and egress, but really he’s just throwing down with Elon Musk… Read More

Tesla announced Wednesday evening that all Tesla cars made from now on will have all the hardware they need on board to achieve full self-driving (though autonomous software will rollout later, with a cross-country demo planned for the end of 2017). Tesla’s already doing its own early testing, of course, and the video above shows a vehicle with fully autonomous capabilities navigating… Read More

Elon Musk is really accelerating the potential timeline for delivering self-driving: The Tesla CEO said on a press call that he hopes to deliver a test ride of fully autonomous Tesla vehicle driving by next year.
What kind of test? Not a trip around the block, but a coast-to-coast road trip, he says.
“Our goal is, and I feel pretty good about this goal, that we’ll be able to do… Read More

Elon Musk revealed the Model 3 in March, revealing details of the $35,000 base model including a sub-six second 0-60 time and a minimum 215 mile range. The basic picture of the Model 3 inspired a pre-order frenzy unlike anything seen previously in the car world, but now Musk has dropped what he referred to earlier as Part 2 of the Model 3 unveiling after a lengthy pause, as promised, and… Read More

Latest Crunch Report

Tesla is announcing some news today, and now we have a better idea of what it will be: Elon Musk has revealed that the news will go live around 5 PM PT today, and that it’ll be about “Model 3 part 2,” the follow-up to the original Model 3 unveiling back in March.
Musk said there would be a “part 2” unveiling event nearer to the beginning of production on the Model… Read More

Tesla has updated its Model 3 website, letting new pre-order customers know that any orders placed from now on will ship by mid-2018 or beyond, as noted by Kyle Russell on Twitter. The pre-order page has previously listed late 2017 as a start date for shipping.
We’ve confirmed that this new timeline for shipping applies to orders from now onward, and does not impact estimated shipping… Read More

Tesla and Panasonic have agreed to begin production of photovoltaic (PV) cells for use in solar power home installations that works with Tesla’s Powerwall and Powerpack solar storage products. The arrangement is non-binding at this stage, however, and will depend on the Tesla acquisition of SolarCity going through to take effect.
If the SolarCity/Tesla deal does close, Panasonic will… Read More

Despite some shareholder opposition, the Tesla acquisition of SolarCity proposed by Elon Musk continues to make progress, with a new date set for a vote of the shareholders of each company: November 17. That’s the date to mark in your calendars for a more firm go/no-go signal for the deal, which would see Musk move closer to his vision of a company that can manage clean energy from… Read More

Tesla will unveil something on Monday October 17, according CEO and founder Elon Musk. It’ll be a new product, he said in a Tweet on Sunday, which will be “unexpected by most,” and which will be separate from a Tesla/SolarCity product unveiling on the 28th.
Tesla product unveiling on the 17th (unexpected by most), followed by Tesla/SolarCity on the 28th
— Elon… Read More

Tesla is making progress in increasing the pace of its vehicle deliveries, as well as its vehicle production, according to a press release issued by the company on Sunday. The electric car maker delivered around 24,500 cars in its fiscal Q3 this year, including 15,800 Model S and 8,700 Model X. That’s a 70 percent jump from Q2’s 14,402 total deliveries, and Tesla says… Read More

Tesla founder and CEO Elon Musk just revealed that the 8.0 update which includes big Autopilot improvements will begin going live for Model S and Model X owners later tonight. The over-the-air update brings a host of improvements, which add up to what Musk calls “a major overhaul on almost every level compared to V7.”
V8.0 starts downloading tonight. Release will be gradual to… Read More